The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold miner with a market capitalization of about US$1.75 billion.The deal, announced in December, adds Leagold's four mines in Mexico and Brazil to Equinox's portfolio, which consists of two mines in California and one in Brazil.As part...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaI may have mentioned some months back, I think, the moment my dear daughter discovered alcohol.Read More
Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said Tuesday.Miners are set to enjoy bumper margins and the trade-off between investing for the long-term and returning money to shareholders will be acutely apparent.It is crucial that miners capitalise on this moment in the spotlight to secure...Read More
MOSCOW - The world's biggest diamond producing company, Russia's Alrosa, will restart production at Mir, a mine in the Yakutia region of the far east, shut since a deadly 2017 flood, the region's governor Aysen Nikolaev said in an interview.Yakutia, the world's biggest province by area, comprising half of Russia's vast far east, derives much of its revenue from a 33% stake in A...Read More
It's rained for the past week here in Spokane. The ski bums and ridge hippies aren't stoked about it. All this rain should be sweet, dry powder - it's late January in the Pacific Northwest for crying out loud. You know weather patterns are shifting. Storms and fires are getting stronger.I don't know if we're causing it or not. What I do know is that doing things more cleanly and sustainably is...Read More
Northstar Gold Corp. (CSE:NSG) provides the following Miller Gold Property exploration update.Read full newsRead More
Guyana Goldstrike Inc. is pleased to announce the Company has signed a definitive gold forward purchase agreement for proceeds of up to US$9,000,000.Read full newsRead More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
Gold and silver fell yesterday (from the day's high) after USA opened as traders booked profit on long positions. Traders have started ignoring the corona virus and started focusing on other economic issues and political issues. FOMC meet tomorrow can have surprises in light of Chinese corona virus. Corona virus can have a very big impact on Chinese consumer spending in February. Industrial meta...Read More
Tucker, who called gold's rise to US$1,500 well before it happened, also discusses why he thinks the metal will pass its old high this year.Read full newsRead More
CEO says world's second biggest miner could see 'zero net debt' by end of year if gold rally continuesRead full newsRead More
CEO says world's second biggest miner could see 'zero net debt' by end of year if gold rally continuesRead full newsRead More
And as stocks rebound - for no reason whatsoever - copper continues to fall...Read full newsRead More
Copper, often a barometer of global growth, fell 1.5% to settle at $2.684 a pound.Read full newsRead More
Copper, often a barometer of global growth, fell 1.5% to settle at $2.684 a pound.Read full newsRead More
VANCOUVER, British Columbia, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. ("Ceylon Graphite" or the "Company") (TSX-V: CYL) (OTC...Read full newsRead More
Panic over the coronavirus has cooled off todayAfter its worst session since October yesterday, the Dow staged a furious comeback today -- adding over 180 points -- as investor panic over the coronavirus cooled off. The blue-chip index snapped a five-day losing streak in the process, as Wall Street unpacked the latest economic data and corporate reports. The S&P 500 and Nasdaq both finished confid...Read More
Jan 27, 2020 (GoldStocks.com via COMTEX) -- Over the course of 2019, the rally in gold stocks was one of the most remarkable events. It saw the price of the...Read full newsRead More
Northstar Gold Corp. (CSE:NSG) provides the following Miller Gold Property exploration update.Read full newsRead More
Precipitate is pleased to announce it has facilitated the sale of 4.5 million common shares of the Company previously registered to Everton Resources.Read full newsRead More